A Direct Debit (DD) is an instruction from a customer to their bank or building society authorising an organisation to collect varying amounts from their account, as long as the customer has been…
Read moreby Kylene Casanova
Consumers throughout Europe are adopting recurring payments for all sorts of purchases as long as payment service is easy to use and protects the security concerns of both consumers and businesses
by Kylene Casanova
e-Commerce revolution as consumers payment habits move to subscription payments rather than buying outright, IF recurring payment services are easy to use + protect security concerns - Innopay report
by Kylene Casanova
MasterCard new strategy: aiming to be an active participant in ALL types of electronic payments and payment flow to enhance its services for the benefit of customers and partners
by Kylene Casanova
Enhancing consumer experience and catering for local differences, e.g. accepting 250 different payment systems in 190+ currencies, is only practical through an omnichannel provider
by Kylene Casanova
Bank of Canada’s analysis shows most countries will have many more options, most will have real-time or near real-time systems: How are you going to use these to improve your payments and collections?
by Kylene Casanova
Decline of paper and cash usage while ACH, Faster Payments, cards (particularly contactless) and even CHAPS growth continues
by Kylene Casanova
Research by McKinsey looks at the economic impact of the shift towards the globalisation of big data and what this means for multinational companies.
by Kylene Casanova
New opportunity for reducing your collection costs as Payment Service Provider’s integrate SDD service into their offerings, banks are not the only place to go
by Kylene Casanova
The Payment Systems Regulator has recommended that VocaLink, the UK's payments infrastructure provider, should no longer be owned just by a relatively small group of banks.
by Kylene Casanova
Citi and Imperial College London’s third Digital Money Report highlights the slow progress in digital money adoption and the drivers for change. See where you rank in Citi’s 2016 Digital Money Index
by Kylene Casanova
Optimise our payments and collections by first accepting that a payment or collection is only part of a business transaction, and .....
by Kylene Casanova
Europeans are increasingly choosing non-cash payments, with the number of non-cash payments increasing by 2.8% compared to 2013, to 103.2 billion, according to the European Central Bank.
by Kylene Casanova
Multi-country direct debiting made easy with fully mandate management and fully automated reconciliation across multiple ledgers
by Kylene Casanova
The EPC clarifies its position on two key aspects of PSD2: the ‘no–questions-asked’ refund right for direct debits and customer authentication.
by Kylene Casanova
Although cash is still king for consumers, forecast is that even this will drop below 50% next year. By 2024 UK Payment Council expect total cash transactions to be half of non-cash
by Kylene Casanova
Pan-European system linking customer’s online bank accounts with online business’ bank is starting to take off. Remarkably high transaction values: C2B EUR 470, B2B EUR 4,495
by Kylene Casanova
Steady decline of paper and the rapid growth in Faster Payments continues
by Kylene Casanova
SEPA Direct Debit (SDD) Core Rulebook Version 9.0 and SDD Business to Business Rulebook Version 7.0 published early to give banks, PSPs, and corporates time to be ready for November 2016 when they wil
by Kylene Casanova
Will take effect in 22 November 2015. Download copy of SCT and SDD rulebooks here
by Kylene Casanova
How to maximise the benefits of MyStandards when onboarding new banks, countries and payment systems
by Kylene Casanova
Banks and service providers sign up as launch date nears of MyBank e-mandate service nears
by Kylene Casanova
When direct debiting cannot be used in B2B payments, try these approaches
by Kylene Casanova
EBA Clearing subsidiary announce successful conclusion of the MyBank SEPA direct debit Mandate Pilot
by Kylene Casanova
It’s not just about sending/collecting money, but also information about the money
